Senior Associate, Transaction Monitoring, LEA and Assurance

Senior Associate, Transaction Monitoring, LEA and Assurance

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WefueltheideasandambitionsofourpeoplewithanenvironmentbuiltonOurDNAofLove,Entrepreneurship,Agility,andPassion–LEAP

Weareaculturethatempowerseveryonetoinnovateandcreatesolutionsthatwillleaveapositiveimpactonourcommunitiesandournation,Touch‘nGowillalwaysbeheretoinspireourtalentstogrowasleadersandinnovatorsgivingyouthepowertomakeadifference.

Job Responsibilities

• Understand the applicable Anti-Money Laundering, Countering Financing of Terrorism, Countering Proliferation Financing and Targeted Financial Sanctions (AML / CFT / CPF and TFS) Framework Policies and Procedures.
• Adhere to data protection policy, procedure, regulatory requirements and maintain strict level of confidentiality / discretion when handling confidential customer information and documents.
• Transaction Monitoring
• Perform second-level review on alerts escalated by the first-level reviewer on customer transactions triggered by TNGD’s internal monitoring system. This involves reviewing the narrative and justifications for the alert escalation and if required, performing further analysis on the customer’s account and activities to support the decision, either to dismiss the case or escalate it for suspicious transactions report (STR).
• Assist Line Manager in ensuring timely, efficient and accurate reporting of STR to regulator.
• Ensure the turnaround time for alert / transactions review / investigations are met as per requirement.
• Build and apply knowledge of money laundering / terrorist financing processes, sanctions or laws / regulation(s) into daily reviews.
• Keep updated on AML laws, regulations, and industry best practices to ensure compliance, and contribute to the development and improvement of transaction monitoring processes and procedures.
• Consolidate data, statistics and trends updates for reporting to senior management.
• Sanctions screening
• Perform daily checks to monitor updates to the UNSCR and MOHA listings from the official sites.
• Ensure timely detection of newly issued publications and initiate screening against the entire TNGD user database to identify potential hit.
• Review potential hits to determine if any are true matches with the sanctions listings, and immediately notify the line manager to initiate the next course of action (e.g., notifying regulators, raising an STR, etc.) upon detection of true hits.
• Initiate periodic screenings (i.e. half-yearly) and review any potential hits triggered by the screenings.
• Prepare the periodic report on positive name matches for regulatory reporting.
• Assist with ad-hoc query from other business units regarding name screening.
• Consolidate data, statistics and trend updates for reporting to Senior Management.
• Handling of Enforcement Orders
• Timely handling and response to requests and other queries from law enforcement agencies, regulators, and other competent authorities.
• Establish and maintain strong professional relationships with the investigation officer.
• Continuously monitor and analyse trends in enforcement orders.
• Timely reporting and escalation of significant change in the trend to management.
• Assurance
• Conduct daily assurance reviews of name screenings completed by the Operations team, and review and highlight any areas for enhancement.
• Conduct regular assurance reviews across all aspects of the AML program related to operational processes and prepare reports to Senior Management.
• Analyze error trends, identify areas of risk and provide recommendations for operational improvements, compliance processes, quality assurance and additional training to mitigate risk.
• Ad-Hoc
• Undertake any other reasonable duties assigned by Line Manager / Head of Section / Head of Compliance / Management as and when required.

Job Requirements

Note : Onlyshortlistedcandidateswillbecontacted.

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Computer Software & Networking 101-1,000 employees

TNG Digital Sdn. Bhd. is a joint venture between Touch 'n Go Sdn. Bhd. and Ant Financial. With our powers combined as the No. 1 player in micropayments in Malaysia and AliPay’s technology, TNG Digital aims to combine innovative solutions with cutting-edge technology to revolutionise e-payments and enhance urban mobility. We are constantly improving and enhancing our Touch ‘n Go eWallet to achieve the Company’s strategic vision. We seek ambitious, talented individuals to join our team and to grow and strive towards the corporate vision together.

TNG Digital Sdn. Bhd. is a joint venture between Touch 'n Go Sdn. Bhd. and Ant Financial. With our powers combined as the No. 1 player in micropayments in Malaysia and AliPay’s technology, TNG Digital aims to combine innovative solutions with cutting-edge technology to revolutionise e-payments and enhance urban mobility. We are constantly improving and enhancing our Touch ‘n Go eWallet to achieve the Company’s strategic vision. We seek ambitious, talented individuals to join our team and to grow and strive towards the corporate vision together.

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